He had the money to buy a private jet, yet this billionaire preferred economy flights, took home free packets of salt and pepper from restaurants
Source: Times of India
Category: Business
Region: General
Published: July 17, 2026 at 07:23
๐ Summary
IKEA founder Ingvar Kamprad lived a remarkably simple life despite his vast fortune. He consistently chose flea market clothes and economy travel, setting a personal example. Kamprad reused tea bags and ate at IKEA cafeterias, avoiding expensive dining options. His thrifty habits stemmed from his upbringing in rural southern Sweden. This frugality also shaped IKEA's company culture and employee guidelines.